Funding arb · Price arb /

OPENAI

RWAall OPENAI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Aster against Binance+0.175%7-day average +0.101% · you sell dearer than you buy

Net, funding: paid 7d − costs−$518as in the Funding arb table

Net, price: spread back to 7d avg − costs−$511as in the Price arb table

costs, in and out, $10k−$5185.179% of the position

Long on Binance Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.399%−$40 · spread now +0.175%, 7d avg +0.101%

Together, before fees−0.399%+ Points / potential airdropAster: Stage 5 · farm board−$40 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.074% dearer against Binance than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.101%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance OPENAIUSDT	1,618.8	0.0050	pay 0.0050% / 8h	1h 48m	$22.8M	$17.1M	20x
Short	Aster OPENAIUSDT	1,621.6	0.0050	get 0.0050% / 8h	1h 48m	$211K	$3K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee AsterbpOrdersPrice spread, now +0.175%Rate

Funding earned: $0
Price spread: +0.175% → +0.101%: $7.36
Slippage, 4 orders: −$499.89
Fee Binance: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$510.53
Costs to cover: 5.179%
Break-even: never at this rate

Slippage from Binance: live order book, 7 min ago; Aster: live order book, 58 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 7 min ago	0.77 bp	13.8 bp −$14	55.4 bp −$554	doesn't fit	doesn't fit
Sell Aster live order book, 58 min ago	68.53 bp	114.8 bp −$115	doesn't fit	doesn't fit	doesn't fit

OPENAI on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX OPENAI-USD	−0.0002%	1h	1,618.3	−0.031%	$1.2M	$608K	10x	as long as short
Lighter OPENAI	0.0000%	1h	1,712.4	+5.781%	$1.4M	$264K	5x	as long as short
Bybit OPENAIUSDT	0.0000%	8h	1,659.6	+2.521%	$753K	$205K	25x	as long as short
OKX OPENAI-USDT-SWAP	0.0000%	8h	1,645.2	+1.632%	$5.1M	$1.3M	20x	as long as short
Gate OPENAI_USDT	0.0000%	8h	1,614.5	−0.265%	$52.3M	$18.0M	50x	as long as short
Bitget OPENAIUSDT	0.0000%	8h	1,618.7	−0.006%	$5.4M	$4.7M	20x	as long as short
SunX OPENAI-USDT	0.0000%	8h	1,618	−0.048%	—	$2.4M	10x	as long as short
Deribit OPENAI_USDC-PERPETUAL	0.0000%	1h	1,619.3	+0.032%	—	$3	5x	as long as short
HTX OPENAI-USDT	0.0000%	8h	1,619.1	+0.023%	$79K	$226K	20x	as long as short
Phemex OPENAIUSDT	0.0000%	8h	1,618.1	−0.042%	$1.6M	$513K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH OPENAI	+0.0032%	1h	1,679.5	+3.751%	$2.7M	$6.0M	5x	as long as short
Coinbase International OPENAI-PERP-INTX	+0.0040%	1h	1,625	+0.387%	$226K	$162K	5x	as long as short
Extended OPENAI-USD	+0.0048%	1h	1,618.4	−0.026%	$141K	$895K	10x	as long as short
Aster OPENAIUSDTshort	+0.0050%	8h	1,621.6	+0.175%	$211K	$3K	20x
Binance OPENAIUSDTlong	+0.0050%	8h	1,618.8	long leg	$22.8M	$17.1M	20x
MEXC OPENAI_USDT	+0.0050%	8h	1,617.8	−0.062%	$13.0M	$3.1M	50x	as long as short
KuCoin OPENAIUSDTM	+0.0050%	8h	1,620.5	+0.106%	$372K	$69K	20x	as long as short
Variational Omni OPENAI	+0.0050%	8h	1,618	−0.046%	$2.6M	$757K	—	as long as short
GRVT OPENAI_USDT_Perp	+0.0050%	8h	1,619.3	+0.031%	$2K	$176K	10x	as long as short
BloFin OPENAI-USDT	+0.0078%	8h	1,617.6	−0.070%	$474K	$289K	20x	as long as short
Aevo OPENAI-PERP	+0.0104%	1h	1,618.2	−0.036%	—	—	10x	as long as short
Entropy io:OAI	+0.0143%	1h	1,670.3	+3.183%	$7.7M	$2.3M	6x	as long as short